Holding(s) in Company

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):   

            BlackRock Frontiers Investment Trust plc

(2). Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights: (  )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : Acquisition of Advance Capital Limited on 29 December 2015 ( x )

(3). Full name of person(s) subject to the notification obligation (iii):

            Aberdeen Asset Managers Limited (and/or acting for its affiliates) as discretionary investment manager on behalf of multiple managed portfolios

(4). Full name of shareholder(s) (if different from 3.) (iv):            

(5). Date of the transaction and date on which the threshold is crossed or reached (v):

            29 December 2015

(6). Date on which issuer notified:

            31 December 2015

(7). Threshold(s) that is/are crossed or reached:

            5%

(8). Notified details:

A: Voting rights attached to shares (viii, ix)

Class/type of shares (if possible using the ISIN code):  Ordinary Shares: GB00B3SXM832

Situation previous to the triggering transaction:
     Number of Shares: 4,577,006
     Number of Voting rights: 4,577,006

Resulting situation after the triggering transaction:

     Number of shares: 
          Direct: 7,988,489
     Number of voting rights:
          Direct (xi): N/A
          Indirect (xii): 7,988,489

% of voting rights (x):
     Direct:  N/A
     Indirect:  5.30%

B. Qualifying Financial Instruments

Resulting situation after the triggering transaction:

Type of financial instrument: 

Expiration date (xiii): 

Exercise/Conversion Period (xiv): 

Number of voting rights that may be acquired if the instrument is exercised/converted: 

% of voting rights:

C. Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction:

Type of financial instrument:

Exercise price:

Expiration date (xvii):

Exercise/Conversion period (xviii):

Number of voting rights instrument refers to:

% of voting rights (xix, xx):

Nominal:

Delta:

Total (A + B + C):

Number of voting rights:  7,988,489

% of voting rights: 5.30%


(9). Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi): See Annex


Proxy Voting:

(10). Name of the proxy holder:

            N/A

(11). Number of voting rights proxy holder will cease to hold:

            N/A

(12). Date on which proxy holder will cease to hold voting rights:

            N/A

(13). Additional information:

            BlackRock Regulatory Threshold Reporting Team

(14). Contact name:

            Ms S Beynsberger
            For BlackRock Investment Management (UK) Limited
            Company Secretary

(15). Contact telephone number:

            020 7743 2639


4 January 2016